The Cointelegraph Press Review

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• Bitcoin analysts predict ‘prolonged’ consolidation phase for BTC price
  Glassnode analysts said Bitcoin remains stuck between “key cost-basis levels,” adding that a prolonged consolidation period may lie ahead for BTC even if traders are actively buying dips to the range lows.Fresh data from Glassnode claims that Bitcoin (BTC) could be in for another “prolonged phase of range-bound” price action if key support levels are […]
• Trump family's WLFI plans FX and remittance platform: Report
  The platform hopes to capture a fraction of the more than $9.6 trillion in daily trading volume in the foreign currency exchange market.World Liberty Financial (WLFI), a decentralized finance (DeFi) platform backed by the family of US President Donald Trump, announced on Thursday that it will launch foreign currency exchange (FX) and remittance services for […]
• The real ‘supercycle’ isn’t crypto, it’s AI infrastructure: Analyst
  AI data center spending is eclipsing crypto’s hoped-for supercycle as Bitcoin miners shift capital toward high-performance computing infrastructure.After years of debate in some corners of the crypto industry, Bitcoin and digital assets are on the verge of a long-awaited “supercycle,” typically defined as an extended, structurally driven boom that lasts beyond a normal market cycle.However, […]
• Bitcoin must close week at $68.3K to avoid 'bearish acceleration': Analyst
  Bitcoin may continue to copy its 2022 bear market if bulls fail to reclaim the 200-week exponential moving average by the end of the week, new analysis said.Bitcoin (BTC) battled a key 200-week trend line around Thursday’s Wall Street open as “bearish acceleration” fears persisted.Key points:Bitcoin threatens to add the 200-week exponential moving average to […]
• How a Bitcoin promotion error triggered a regulatory reckoning in South Korea
  A mistaken Bitcoin payout revealed how exchange ledgers work and why South Korea is rethinking internal controls for crypto platforms.A simple data-entry error allowed 620,000 nonexistent BTC to appear in user accounts for 20 minutes because trades update a private database first, with onchain settlement happening later.Around 1,788 BTC worth of trades were executed before […]
• Binance teases Bitcoin bullish 'shift' as crypto sentiment hits record low
  Bitcoin net taker volume flipped positive after a month of "aggressive" selling, but sentiment crashed to its lowest levels in crypto market history.Bitcoin (BTC) market sentiment has begun to recover as exchange traders reconsider selling.Key points:Bitcoin taker flow finally sees positive values after a month of seller dominance.Read more
• Here’s what happened in crypto today
  Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.Today in crypto, the UK government appointed HSBC Orion for its tokenized digital bond pilot, crypto lender BlockFills revealed it halted customer withdrawals last week on market conditions, […]